Sensex closes 114 points down, Nifty below 8,350

After remaining in a thin range for most of the session, the S&P BSE Sensex eventually settled 114.06 points lower as investors turned cautious ahead of the kickstart of the earnings season. The 30-pack index shed 0.41 per cent to settle at 27,573.66. Nifty fell 34.50 points, or 0.41 per cent, to close at 8,328.55.